Founder Robert Ashford posted on LinkedIn 3 days ago using high-confidence exit language: "next chapter" and reflection on 25 years in the business. A GM vacancy posted by Meridian Hydraulics corroborates this signal.
A CCJ of ยฃ48,200 was registered against Meridian Hydraulics Ltd at Chichester County Court on 11 Apr 2026. Claimant: Bowman Precision Components Ltd.
Accounts for the period ending 31 Dec 2025 were due at Companies House by 30 Sep 2026 but have not been filed. A ยฃ150 late penalty is now accruing.
A fixed and floating charge was registered on 07 Apr 2026 in favour of Barclays Bank UK PLC. This reduces unsecured creditor recovery in any insolvency scenario.
David R. Hargreaves (DOB Mar 1961) resigned as Director effective 01 Apr 2026. This is the second director departure in 14 months.